SKEAD HOLDINGS LTD. Prospecting Over the. PUSEY LAKE PROPERTY Cardiff Township, Ontario

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1 PO Box 219, Government Road, Larder Lake, Ontario, P0K 1L0, Canada Phone (705) Fax (705) SKEAD HOLDINGS LTD. Prospecting Over the PUSEY LAKE PROPERTY Cardiff Township, Ontario C Jason Ploeger, B.Sc, P.Geo February 6, 2015

2 TABLE OF CONTENTS 1. SURVEY DETAILS PROJECT NAME CLIENT LOCATION ACCESS GENERAL GEOLOGY PREVIOUS WORK SURVEY WORK UNDERTAKEN SURVEY LOG PERSONNEL OVERVIEW OF SURVEY RESULTS DAY-1 JULY 17, LIST OF APPENDICES APPENDIX A: STATEMENT OF QUALIFICATIONS APPENDIX B: INSTRUMENT SPECIFICATIONS APPENDIX C: LIST OF MAPS (IN MAP POCKET) LIST OF TABLES AND FIGURES Figure 1: Location of the... 3 Figure 2: Sample Figure 3: Sample Figure 4: Sample Figure 5: Sample Figure 6: Sample Figure 7: Sample Figure 8: Google Image with Traverse and Sample Locations Table 1: Survey Log... 5 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page ii

3 1. SURVEY DETAILS 1.1 PROJECT NAME This project is known as the. 1.2 CLIENT SKEAD HOLDINGS LTD. 28 Ford St. Sault Ste. Marie, Ontario P6A 4N4 1.3 LOCATION The is located approximately 28km west of Bancroft, Ontario. The survey area covers claim numbered , located in Cardiff Township, within the Southern Ontario Mining Division. Figure 1: Location of the CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 3

4 1.4 ACCESS Access to the property was attained with a 4x4 truck from County Road 648 approximately 2 km east from the Town of Wilberforce, Ontario. From here, an old rail line was walked southward for the final 400m to the survey area. 1.5 GENERAL GEOLOGY The property is located in an area between the Cheddar Granite and the Monck Lake Granite within the Cardiff Plutonic Complex. According to Map , the property itself is underlain by a Para-Amphibolite, horneblende syenite, with marble lenses and granitic pegmatite dikes. 1.6 PREVIOUS WORK A look at the property history was performed using the AFRI database. No work on the property was located within the public domain. A search of the MDI database indicates two discretionary occurrences of Graphite. CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 4

5 2. SURVEY WORK UNDERTAKEN 2.1 SURVEY LOG Date Description July 17, 2014 Locate survey area and begin prospecting. Table 1: Survey Log Survey Distance 1.325km 2.2 PERSONNEL Bruce Lavalley and Claudia Moraga, both of Britt, Ontario performed the prospecting traverses. CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 5

6 3. OVERVIEW OF SURVEY RESULTS ALL SAMPLES WERE TAKEN FOR REFERENCE PURPOSES ONLY! ALL SAMPLES WERE PRESENTED TO SKEAD HOLDINGS LTD. 3.1 DAY-1 JULY 17, 2014 Sample NAD 83 - Zone 17N E N The vegetation is mix and the topography is steep with a cliff face to the west. Figure 2: Sample CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 6

7 Sample NAD 83 - Zone 17N E N The vegetation is a balsam and birch mix and the topography is steep with a cliff face. Figure 3: Sample CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 7

8 Sample NAD 83 - Zone 17N E N The vegetation is a maple and the topography is moderate slope to the south. Figure 4: Sample CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 8

9 Sample NAD 83 - Zone 17N E N The vegetation is a pine and cedar mix and the topography is a steep slope to the west. Figure 5: Sample CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 9

10 Sample NAD 83 - Zone 17N E N The vegetation is a maple and birch mix and the topography is a moderate slope to the north. Figure 6: Sample CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 10

11 Sample NAD 83 - Zone 17N E N The vegetation represents a mixed cover and the topography is a moderate slope to the north. Figure 7: Sample CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 11

12 Figure 8: Google Image with Traverse and Sample Locations CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP Page 12

13 APPENDIX A STATEMENT OF QUALIFICATIONS I, C. Jason Ploeger, hereby declare that: 1. I am a professional geophysicist with residence in Larder Lake, Ontario and am presently employed as a Geophysicist and Geophysical Manager of Canadian Exploration Services Ltd. of Larder Lake, Ontario. 2. I am a Practicing Member of the Association of Professional Geoscientists, with membership number I graduated with a Bachelor of Science degree in geophysics from the University of Western Ontario, in London Ontario, in I have practiced my profession continuously since graduation in Africa, Bulgaria, Canada, Mexico and Mongolia. 5. I am a member of the Ontario Prospectors Association, a Director of the Northern Prospectors Association and a member of the Society of Exploration Geophysicists. 6. I do not have nor expect an interest in the properties and securities of Skead Holdings Ltd. 7. I am responsible for the final processing and validation of the survey results and the compilation of the presentation of this report. The statements made in this report represent my professional opinion based on my consideration of the information available to me at the time of writing this report. C. Jason Ploeger, P.Geo., B.Sc. Geophysical Manager Canadian Exploration Services Ltd. Larder Lake, ON February 6, 2015 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP

14 APPENDIX B GARMIN GPS MAP 62S Physical & Performance: Unit dimensions, 2.4" x 6.3" x 1.4" (6.1 x 16.0 x 3.6 cm) WxHxD: Display size, WxH: Display resolution, WxH: Display type: Weight: Battery: Battery life: Waterproof: Floats: High-sensitivity receiver: 1.43" x 2.15" (3.6 x 5.5 cm); 2.6" diag (6.6 cm) 160 x 240 pixels transflective, 65-K color TFT 9.2 oz (260.1 g) with batteries 2 AA batteries (not included); NiMH or Lithium recommended 20 hours (IPX7) no CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP

15 Interface: high-speed USB and NMEA 0183 compatible Maps & Memory: Basemap: Preloaded maps: Ability to add maps: Built-in memory: Accepts data cards: no 1.7 GB microsd card (not included) Waypoints/favorites/locations: 2000 Routes: 200 Track log: 10,000 points, 200 saved tracks Features & Benefits: Automatic routing (turn by turn routing on roads): Electronic compass: Touchscreen: Barometric altimeter: Camera: Geocaching-friendly: Custom maps compatible: Photo navigation (navigate to geotagged photos): Outdoor GPS games: Hunt/fish calendar: (with optional mapping for detailed roads) (tilt-compensated, 3-axis) no no (paperless) no CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP

16 Sun and moon information: Tide tables: Area calculation: Custom POIs (ability to add additional points of interest): Unit-to-unit transfer (shares data wirelessly with similar units): Picture viewer: Garmin Connect compatible (online community where you analyze, categorize and share data): Specifications obtained from CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP

17 APPENDIX D LIST OF MAPS (IN MAP POCKET) Prospecting traverse plan map (1:2000) 1) SKEAD-PUSEY LAKE-PROSPECTING TOTAL MAPS = 1 CANADIAN EXPLORATION SERVICES LIMITED PLAN-EXECUTE-DISCOVER-DEVELOP

18 Granite Granite Granite Granite Granite Granite Granite SKEAD HOLDINGS LTD. PUSEY LAKE PROPERTY PROSPECTING TRAVERSE PLAN MAP Granite Traverse Performed July 17, Scale 1: (meters) NAD83 / UTM zone 17N Traverse By: Bruce Lavalley and Claudia Moraga Processed By: C Jason Ploeger Map Drawn By: C Jason Ploeger February 2015 Drawing: SKEAD-PUSEY LAKE-PROSPECTING

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